Reducing carbon dioxide emissions in Somalia: do renewable energy and urbanization matter?

Abstract

This study investigates the interplay between renewable energy Consumption, urbanization, and carbon emissions in Somalia, a region facing pressing environmental challenges. The study uses advanced econometric techniques like the ARDL model to uncover short- and long-term dynamics that impact environmental degradation. In the short term, this study found that renewable energy consumption and domestic investment have a significant negative correlation with carbon dioxide emissions, highlighting the immediate impact of environmental mitigation. Conversely, urban population dynamics have a modest immediate effect. In the long run, this study revealed that renewable energy consumption consistently correlates negatively with carbon emissions, indicating its potential to drive sustainable development and reduce reliance on carbon-intensive energy sources over time. However, the positive correlation between urban population and carbon emissions underscores the importance of addressing urbanization challenges to promote environmental conservation efforts. This study recommends policy interventions prioritizing renewable energy consumption and sustainable urban development to achieve long-lasting environmental sustainability in Somalia.

Keywords

• Carbon dioxide
• renewable energy
• urbanization
• ARDL
• Somalia
• Environmental Economics